No Social Security Number required for Home Purchase!

We can now do Individual Tax Identification Number (ITIN) loans! Undocumented residents that couldn’t obtain a loan even though they were qualified financially can now purchase a home with a NEW loan program for residents with an ITIN. What does that mean? If someone does not have a SS number, frequently the company they work [...]

Advertisements

10 Biggest Benefits of a VA loan!

The VA loan: Better than FHA and conventional loans? There is a "right program" for every mortgage borrower, but for many, the VA loan stands apart for its combination of low rates, aggressive underwriting, and secondary benefits. Backed by the U.S. Department of Veterans Affairs, VA loans are designed to help active-duty military personnel, veterans [...]

FHA Cuts Mortgage Insurance Premium for First Time Since January 2015!

FHA Cuts Mortgage Insurance Premium for First Time Since January 2015!

For homebuyers looking to get a mortgage backed by the Federal Housing Administration, things are about to get easier – and less expensive. The FHA announced today that they are cutting their annual mortgage insurance premium from .85 percent to .60 percent. National Association of Realtors® President William E. Brown said the move is an [...]

How To Improve Your Home Appraisal

How To Improve Your Home Appraisal

Many sellers find that they believe their home is worth more than the appraisal states it’s worth. People can be emotionally connected to their homes, so it can be difficult if an appraisal comes in lower than expected. Fortunately, there are some things you can do to increase the appraisal amount. In addition to making [...]